Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10010127781
Persistent link: https://www.econbiz.de/10000785546
Persistent link: https://www.econbiz.de/10000786568
The concept of first-order stochastic dominance defined on distributions is inadequate in models with learning. We extend this concept to the space of distributions on distributions. We discuss conditions under which for all common observations one person's beliefs (over a set of probability...
Persistent link: https://www.econbiz.de/10014064212